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Sunrun Inc.

RUNTechnologyNASDAQ

Solar · Last scanned May 30, 2026

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Financials · Annual
Revenue
$2.96B
+45.1% YoY
Net Income
$449.9M
+115.8% YoY
EBITDA
$546.0M
+118.7% YoY
Free Cash Flow
-$2.24B

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About Sunrun Inc.

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. At a $3.99B market cap, Sunrun Inc. ranks as a mid-cap company within technology. The company sells solar energy systems and products, such as panels and racking; and solar leads generated to customers.

Key stats
Market Cap$3.99B
P/E (TTM)7.85
Fwd P/E20.63
EPS$2.13
Beta2.25
52W Change+134.2%
ROE-22.7%
Analysis

On the balance sheet, RUN has $691.6M in cash with $14.88B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$2.24B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -22.7%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been uneven over recent years, ranging from $2.32B to $2.96B.

Sunrun Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing RUN.

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